Jindal-backed tax breaks near final passage

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A package of tax breaks sought by Gov. Bobby Jindal is nearing final legislative passage in the Louisiana House but with more usage restrictions than when it was proposed. Lawmakers in the Senate added several hurdles before the tax breaks could be used, with senators saying they want to make sure the tax breaks generate new jobs rather than just give money away to businesses that would have come to Louisiana anyway. The bills by Rep. Joel Robideaux, R-Lafayette, would give the state’s economic development chief limited ability to offer three new tax breaks to businesses that are considering whether to relocate or expand in Louisiana. Those include rebates for payroll, relocation costs, and corporate income and franchise taxes.

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